Question: 2. A manager has just received a revised price schedule from a vendor: Quantity 1 to 39 units 40 to 59 units 60 to 89

2. A manager has just received a revised price
2. A manager has just received a revised price schedule from a vendor: Quantity 1 to 39 units 40 to 59 units 60 to 89 units 90 or more units Unit Price $14 $13 $12 $11 Annual demand is 120 units, ordering cost is $80, and annual carrying cost is 30% of the unit price. What order quantity should the manager use in order to minimize total costs? And what is the total cost for the optimal order size

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